Convert Czech Republic Koruna to Kuwaiti Dinar
Please provide values below to convert Czech Republic Koruna [CZK] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Czech Republic Koruna.
How to Convert Czech Republic Koruna to Kuwaiti Dinar
1 CZK = 68.7524557956778 KWD
Example: convert 15 CZK to KWD:
15 CZK = 15 × 68.7524557956778 KWD = 1031.28683693517 KWD
Czech Republic Koruna to Kuwaiti Dinar Conversion Table
| Czech Republic Koruna | Kuwaiti Dinar |
|---|
Czech Republic Koruna
The Czech Republic Koruna (CZK) is the official currency of the Czech Republic, used for all monetary transactions within the country.
History/Origin
The Koruna was introduced in 1993 following the dissolution of Czechoslovakia, replacing the Czechoslovak koruna at par. It has undergone various reforms and decimalization over the years.
Current Use
The CZK is widely used in everyday transactions, banking, and international trade within the Czech Republic. It is also accepted in some neighboring regions and is actively traded on the foreign exchange market.
Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.